Answer:
$13,335
Explanation:
Required production in units for April and May are 6,500 units and 6,200 units respectively.
Direct labor hours needed is 0.15 for both months.
Total direct labor hours needed for each month would be;
April
= 6,500 units × 0.15
= 975
May
=6,200 units × 0.15
= 930
Direct labor rate per hour for each months is $7
Total direct labor cost for April would be;
= $7 × 975
= $6,825
Total direct labor cost for May would be;
= $7 × 930
= $6,510
Therefore, total direct labor cost for both months April and May would be;
= $6,825 + $6,510
= $13,335
Answer:
Horizontal integration
Explanation:
Integration is a strategy used by businesses to gain a better market share. It involves cooperating with other business owners to increase sales for both parties.
Horizontal integration is when businesses bate the same level in the value chain collaborate to increase profits.
In the give scenario Sanibel Autos Inc. merged with its competitor Vroom Autos Inc, and Sanibel Autos to use its technological competencies along with Vroom Autos' marketing capabilities to capture a larger market share.
The stage of value chain is when businesses prospect for customers. This interpretation enables them gain more customers.
Answer:
A) $83
Explanation:
First, find aftertax OCF per year
aftertax OCF = (Operating benefit - depreciation)*(1-tax) +depreciation
Depreciation per year = 10,000/5 = 2,000
Tax = 34%
aftertax OCF per year = (3,000 - 2,000)*(1-0.34) + 2,000
= 660 +2,000
= 2,660
Next, find the PV of the aftertax OCF per year. It is an annuity;
PMT = 2,660
N = 5
I/Y = 10%
FV = 0
then CPT PV = 10,083.493
Subtract the initial cost of the machine to find the Net Present Value (NPV);
NPV = -$10,000 + $10,083.493
NPV = $83.493
Knowing what stage of the product life cycle a product is in helps marketers make intelligent and efficient marketing decisions.
<h3>What is the product life cycle?</h3>
The stages that a product goes through as it enters, establishes itself and leaves the market are defined by the Product Life Cycle (PLC). The product life cycle, in other words, outlines the stages that a product is likely to go through. Managers can use it to examine their products and create plans as they move through different stages.
When a product is first introduced to the market, a company frequently faces higher marketing expenses; nevertheless, as product adoption rises, more sales are realized.
When a product's adoption matures, sales stabilize and peak, however they may decline due to competition and obsolescence. When making business decisions, from pricing and advertising to expansion or cost-cutting, the idea of product life cycle might be helpful.
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The business cycle goes through four major phases: expansion, peak, contraction, and trough.
A business is an activity that makes a living or makes money by manufacturing or buying and selling products.
Enterprise is defined as an organization or business entity engaged in commercial, industrial, or professional activities. A business can be a commercial or non-commercial organization. The types range from corporations with limited liability to sole proprietorships, corporations and partnerships.
The definition of business is the profession or trade, the buying and selling of goods or services for profit. A business example is agriculture. An example of a transaction is the sale of a home.
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